968 Eastern Oaks DrMontgomeryAL36117
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Montgomery at 968 Eastern Oaks Dr, Montgomery, AL, 36117 listed at $168,000 pairs $1,915/mo rent with a $822/mo payment to leave $967/mo cash flow. Total monthly income runs $1,915/mo, and annual cash flow reaches $11,604/yr on $55,692 cash to close. Return on cash invested measures 40.75% in year one, and rental yield registers 13.68% at a $168,000 basis. Equity gained on principal adds $1,084/yr, and annual property appreciation at 5% supports $46,415 by year five. Five-year ROI tracks 213.84% and total cumulative return in cash totals $119,093. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,915/mo property income relative to a $822/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
8,856 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36117, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,007 (100%) |
| Owner Occupied HU | 13,567 (56.5%) |
| Renter Occupied HU | 8,597 (35.8%) |
| Vacant Housing Units | 1,843 ( 7.7%) |
| Median Home Value | $250,387 |
| Average Home Value | $309,204 |
Housing Distribution
Address Breakdown
Residential
23,587
Single Family
18,506
Multi-Family
5,081
Businesses
2,380
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Listed by: N/A • N/A
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